Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
How the Fed Is Reading the May CPI Spike
In episode 51 of The Federal Reserve Podcast, Lucas and Luna break down what the Fed actually focuses on in the May CPI report — not the headline 4.2% number making the news, but the shift in core services ex-housing and the unexpected jump in used car prices. They connect the inflation data to the Fed's neutral rate debate, the ECB's rate hike, and the 10-year breakeven inflation rate ticking up to 2.31%. Lucas explains why this CPI print complicates the Fed's path to cutting rates, while Luna pushes back on whether one month of data should change the outlook. A focused…
The skinny
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